Former Darlinghurst auto shop could become grand home
The former home of Flash Auto Repairs in Darlinghurst is proving a winner with expats returning from London, the US and Singapore who want a warehouse-style home.
Raine and Horne Double Bay agents James Nixon and Peter Starr say the expats, who have big car collections, are also attracted by the 15-car garage in the graffiti-covered building at 42 Hardie St.
“We’re also getting a lot of interest from locals who want to convert it into one residence, as well as property developers who want to take advantage of the DA approved plans,” Nixon says.
The rare site is set to go under the hammer on July 4 with a price guide of $3 million.
No. 42 Hardie St, Darlinghurst is covered in graffiti.
It has a 15-car garage.
The plans, by award-winning architects McGregor Westlake, are to restore the existing building for a ground-floor retail space but create eight designer apartments above.
If built, it could become a six-level building with a common rooftop garden.
The plans allow for four studios, a one-bedder and three two-bedders. All the apartments have balconies or terraces and the top-floor apartment has its own roof deck.
Another commercial property that’s proving popular is the former Mad Pizza and more recently Italo house site at 15 O’Brien St, Bondi Beach.
No. 15 O’Brien St, Bondi Beach has redevelopment potential.
It’s the former home of Mad Pizza and Italo house.
Zorick Toltsan of Metro Commercial says the rare freehold 210sqm site, owned by its investor owner for 34 years, is attracting interest from people who recognise its development potential.
It comes with existing development approval for a bar or restaurant with a valuable liquor licence in place.
“It would suit an owner occupier or developer/project type person who could put residential above, subject to council approval,” Toltsan says.
It’s set for auction on June 27 (Saturday week) with auctioneer Damien Cooley, the same auctioneer who sold an iconic North Bondi strip of shops for $25.4 million last week — $8.4 million above reserve.
Toltsan said: “Bondi Beach is a COVID-proof location … with leasing deals continuing to occur on a weekly basis.”
No. 152 Glenayr Ave, Bondi Beach was the site of Wiley’s Uniforms.
The continuing strength of the Bondi Beach market was also shown by the snappy $3.2 million sale of Wiley’s School Uniforms, a shop with two apartments at 152 Glenayr Ave.
Mcgrath Double Bay’s Benjamin Goodwin, with Ray White TRG’s Cae Thomas, wrapped up the deal in two days.
It’s understood it was snapped up by a property developer who hopes to build apartments there.
Wiley’s, which supplied uniforms for many schools across the east for 50 years, has moved to Banksmeadow.
The negotiation was one of more than $12 million worth of sales for Goodwin over the three months he’s been with McGrath.
This article from the
originally appeared as “Darlinghurst car repairs with 15-car garage lures expats who want warehouse-style home”.
